Investors | Mar 1, 2021 Mall operator to exit U.S. market by Andrea Zander Paris-based Unibail-Rodamco-Westfield (URW) has plans to sell its 28 U.S. malls by 2022, so the firm can focus on operating in Europe.
Getting the most out of traditional and niche sectors by Mard Naman In dramatic fashion, the pandemic took the shine off traditional real estate sectors, such as hospitality, retail and, to a lesser extent, office.
Upbeat sentiment for Asia Pacific real estate investment by Amélie Delaunay A year on from the start of the COVID-19 pandemic, investors are still as bullish about real estate as they were before the start of the outbreak.
A global perspective on property valuations by Alex Frew McMillan We are starting to see, with some certainty, where life post-virus may head. That, in turn, is providing firmer ground for real estate investors.
Pandemic brings out the best in the industrial property sector by Kali Persall The industrial property sector has performed well in nearly every geographic market in the United States throughout the course of the COVID-19 pandemic, as trends such as online shopping skyrocketed demand for these assets.
Research | Mar 1, 2021 Home Depot sales rise $21b in one year, more than 19 years of growth by Andrea Zander COVID-19 has confined people to their houses, which has led to a boom in home improvements and created record earnings for Home Depot.
People | Feb 26, 2021 New Hampshire Retirement System selects new leader by Kali Persall Jan Goodwin will step into the role of executive director of the New Hampshire Retirement System (NHRS) in April.
Transactions | Feb 26, 2021 Spanish grocer Mercadona to sell 30 stores to Israeli fund by Andrea Zander Mercadona, one of Spain’s biggest supermarket chain by market share, is in talks to sell about 30 stores to Israeli fund MDSR Investments.
Transactions | Feb 26, 2021 JBG Smith raises $115m for Washington Housing Initiative Impact Pool by Kali Persall JBG Smith has closed its Washington Housing Initiative Impact Pool with $114.5 million in investor commitments at the end of 2020.
Transactions | Feb 26, 2021 Cornerstone Partners, Crestyl to acquire Polish residential developer for €330m by Andrea Zander Cornerstone Partners together with Crestyl Group have entered into a contract to buy Polish residential developer Budimex Nieruchomości
Transactions | Feb 26, 2021 Elite Commercial REIT to complete €244m maiden portfolio acquisition by Released Elite Commercial REIT Management Pte. Ltd., the manager of Elite Commercial REIT, has announced its Elite U.K. Commercial Fund II made a £212.5 million (€244 million/$297 million) acquisition.
Research | Feb 26, 2021 New development fuels net-lease auto sector by Released National asking cap rates in the single-tenant net-lease auto sector decreased to 5.89 percent in the fourth quarter, according to the 2020 Net Lease Auto Report.
Transactions | Feb 26, 2021 Confluent Development, Invesco Real Estate plan industrial park in Denver by Andrea Zander Confluent Development and Invesco Real Estate have plans to develop Central Park Business Center, an infill industrial business park located in Denver.
Transactions | Feb 26, 2021 Bruntwood SciTech makes new acquisition and strategic partnership in Cambridge, U.K. by Andrea Zander Bruntwood SciTech, 50-50 joint venture between Bruntwood and Legal & General, has expanded into the “Golden Triangle."
People | Feb 26, 2021 CPP Investments’ CEO resigns by Kali Persall Mark Machin, CEO of the Canada Pension Plan Investment Board (CPP Investments) has tendered his resignation.
Transactions | Feb 26, 2021 Watermark Residential to develop luxury multifamily community near Detroit by Released Watermark Residential has acquired 20 acres of land.
Transactions | Feb 26, 2021 SomeraRoad to develop $200m mixed-use project in Nashville by Andrea Zander SomeraRoad, a commercial real estate investment and development company, has plans to develop a $200 million mixed-use project known as Paseo South Gulch in Nashville.
Transactions | Feb 26, 2021 Dermody Properties to develop a three-building logistics park in New Jersey by Released Dermody Properties has plans to develop a 154-acre park for a planned, three-building development in Woolwich Township, Gloucester County, New Jersey.
Research | Feb 25, 2021 Generation X travelers to lead travel industry’s pandemic recovery in 2021 by Released As the U.S. travel industry begins its long recovery from the pandemic-driven disruptions of 2020, Generation X — ages 35 to 54 — will lead the resurgence.
Research | Feb 25, 2021 U.S. cities take top 5 places as global science cities by Andrea Zander Boston, San Francisco and Seattle have emerged as the premier global locations for life sciences.
